Featuring the author, Jagdish Bhagwati, Columbia University; with comments by Robert Litan, Brookings Institution.
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Two new books from Jagdish Bhagwati, one of the world's leading trade economists, illuminate the trade debate today and point toward freer trade in the future. In Free Trade Today, Bhagwati defends free trade against the "American virus" of so-called fair trade and the related threat of sanctions against poor countries that fail to meet Western labor and environmental standards. He then offers a road map to a more open global economy. And in a new edited volume, Going Alone: The Case for Relaxed Reciprocity in Freeing Trade, he and other contributors make the case, from history and theory, that unilateral free trade at home can encourage freer trade abroad.